SGB Sportsmans

SGB Update

Rapala VMC Lays Out Key Priorities in Three-Year Strategic Plan

The company said a new management team, along with other key managers, will focus on implementing the new strategic plan. An important part of the implementation process are projects that focus on improving profitability and working capital management.

NRF: Imports Peaked in October, Volume Expected to Increase in 2024

Inbound cargo volume at the major container ports in the U.S. will continue to slow during the final weeks of 2023 after peaking later than expected in the fall, according to the Global Port Tracker* report released by the NRF and Hackett Associates.

SGB Executive

EXEC: Sports Direct Gets Fiscal H1 Boost from New Brands

Frasers Group reported retail revenue increased 4.0 percent in the first half ended October 29 to £2.69 billion ($3.4 bn), helped by a “strong underlying performance” from Sports Direct due in part to the addition of new brands, including On Running, The North Face, Columbia Sportswear and Salomon.

EXEC: Stifel Survey Finds Consumers Prioritize Price/Value Over Sustainability

The survey, which was conducted in partnership with Morning Consult, surveyed active/causal lifestyle brand consumers ages 18 to 55 based in the U.S., UK, Germany, France, and Italy. It found that only one-third of respondents “Highly Prioritize” sustainability when making purchasing decisions, compared to other factors like “Good Value” (68 percent) and “Low Price” (57 percent).